Sarie Eldin& Partners: A Historic Ruling that Saves the Egyptian Government an Estimated EGP 8 Billion in Settlements.

11 Jul, 2021

Cairo-8 July 2021- The Egyptian Court of Cassation, headed by Counselor Nabil Sadiq, reached a verdict in one of the most important economic cases of Egyptian history. The court ruled in Appeal (No.1968 of 91K) to overturn the judgment of the Court of Appeal in relation to the arbitration ruling rendered under the constitution of the International Chamber of Commerce (ICC), filed by the Damietta International Ports Company (DEPCO) against the Damietta Port Authority.